ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The opportunity to reap impressive profits is the primary motivation for most entrepreneurs.
A
TRUE
B
FALSE
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Answer and Explanation: The given statement is false. The primary motivation for an entrepreneur is to build a business on the basis of their ideas. They are motivated by the independence and the flexibility of operating their business.

Detailed explanation-2: -The main or basic motive for starting a business is always is to be independent. To work independently in one’s own ways is the primary motivation to start a venture.

Detailed explanation-3: -The opportunity to reap impressive profits is the primary motivation for most entrepreneurs. A successful entrepreneur would focus on the future and be sensitive towards any changes. Money is the symbol of a non-monetary reward to an entrepreneur.

Detailed explanation-4: -Money is not the primary motivation for entrepreneurs. Entrepreneurs are primarily driven by the passion to make their mark.

Detailed explanation-5: -Monetary gains, more freedom, more authority, and creative control are the four motivations of an entrepreneur.

There is 1 question to complete.